$2,000,000
SOLD SEP 30, 2024
15 Beds
-- Bath
5,772 Sq Ft
4,499 Sq Ft Lot

Recently Sold

$347 Per Sq Ft

5% Below List Price

36 Days on Market

Highlights

  • Ocean View
  • Lafayette Elementary School Rated A
  • Coin Laundry

About This Home

As of September 2024

Clean and modern apartment building just blocks away from Ocean Beach. This corner asset consists of six spacious units: Two 3bd/2ba, One 2bd/2ba, and Three 2bd/1ba units. There are six garage spaces for tenant parking. The apartments are separately metered for gas and electricity and there is 400 Amp electrical service. A new roof was installed in 2022. The soft-story seismic retrofit was completed in 2019. This is an excellent opportunity to purchase a modern and well-maintained asset with upside potential in San Francisco's Outer Richmond.

Last Agent to Sell the Property

Adam Filly

Compass Commercial License #01354775 Listed on: 07/29/2024

Compass Commercial

Last Buyer's Agent

Dan McGivern

Compass Commercial License #01986926

Compass Commercial

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1974

Parking

  • 6 Covered Spaces

Home Design

  • Bitumen Roof

Interior Spaces

  • 5,772 Sq Ft Home
  • 3-Story Property
  • Ocean Views

Additional Features

  • 4,499 Sq Ft Lot
  • Separate Meters

Listing and Financial Details

  • Assessor Parcel Number 1596-001

Community Details

Building Details

  • 5 Leased Units
  • 1 Vacant Unit

Additional Features

  • 6 Units
  • Coin Laundry

Property Details

Home Type

Multi-Family

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5 or More Units
  • Subtype Description: Apartments
  • Levels: Three
  • Year Built: 1974
  • Special Features: None
  • Stories: 0

Interior Features

  • Number Of Rooms: 26
  • Laundry Features: Coin Operated
  • Price Per Square Foot: 346.50
  • Square Footage: 5772.00

Exterior Features

  • Roof: Bitumen
  • View: Ocean

Garage/Parking

  • Covered Parking Spaces: 6.00
  • Independent Parking Spaces: 6

Utilities

  • Utilities: None

Fee Information

  • Utilities Expenses: 15000

Lot Info

  • Assessor Parcel Number: 1596-001
  • Lot Features: None
  • Lot Size Acres: 0.1033
  • Lot Size Sq Ft: 4499.00
  • Lot Size Units: SqFt
  • Price Per Acre: 19361084.22

Building Info

  • Number of Units Total: 6

Rental Info

  • Units Furnished: None

Multi Family

  • Number Of Units Vacant: 1
  • Gross Rent Multiplier: 11.27
  • Number of 2 Bedroom Units: 3
  • Number of 3 Bedroom Units: 3
  • Number Of Units Leased: 5
  • Separate Meters: Electricity, Gas

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2024 09/30/24 Sold $2,000,000 -4.8% $347 / Sq Ft
09/03/2024 09/03/24 Pending -- -- --
07/29/2024 07/29/24 For Sale $2,100,000 -- $364 / Sq Ft
Source: San Francisco Association of REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Francisco Association of REALTORS® MLS

MLS Number: 424062089

San Francisco Association of REALTORS® MLS